Simon Property Group (SPG) Stock Still Looks Discounted After Its 124% Run
Simon Property Group has delivered a strong share price run in recent years, and with the stock now around US$205, the key issue for you is whether that market value lines up with the cash the business can generate. Over the past 3 years the stock has returned 124.2%, which puts a lot of investor expectation on Simon Property Group's ability to keep producing solid cash flows from its malls and outlet centers. Recent commentary around higher rents, resilient occupancy and mixed-use...
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